The unemployment rate in Turkey edged down to 13.1 percent in March of 2021 from a downwardly revised 13.2 percent in the previous month. Non-agricultural unemployment also decreased to 14.9 percent from 15.1 percent. The number of unemployed increased by 59 thousand to 4.236 million while those employed rose by 550 thousand to 28.089 million, with job gains registered mainly in industry, construction and agriculture. Meanwhile, the youth jobless rate for those aged between 15-24 years declined to 25 percent from 24.3 percent in the prior month. source: Turkish Statistical Institute
Unemployment Rate in Turkey averaged 10.55 percent from 2005 until 2021, reaching an all time high of 14.40 percent in July of 2020 and a record low of 8 percent in June of 2012. This page provides the latest reported value for - Turkey Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Unemployment Rate in Turkey is expected to be 13.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Turkey to stand at 13.40 in 12 months time. In the long-term, the Turkey Unemployment Rate is projected to trend around 12.90 percent in 2022 and 12.00 percent in 2023, according to our econometric models.